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debt pressures in the region. Interestingly, while government expenditure reduces inequality and worsens poverty, an … increase in taxation reduces poverty but worsens income inequality. Further, an increase in taxation negatively affects the …
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structure on the extent of taxes on income relative to expenditure. This book offers a comprehensive discussion to understand …
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We build a dynamic general equilibrium model with heterogeneous households, namely Rich and Poor, and capital skill complementarity structure in the production function, to study aggregate and distributional implications of fiscal consolidation policies when the government uses a rich set of...
Persistent link: https://www.econbiz.de/10012029011
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This paper is linked to some recent attempts at including a non-capacity creating autonomous expenditure category as … distribution dynamics in such models. For this purpose we treat the growth of government expenditures on goods and services …
Persistent link: https://www.econbiz.de/10011459378
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